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KILL Flora Growth Expands Distribution, Will Launch Stardog Loungewear On E-Commerce Platform Zulily With Over 5 Million Active Customers

KILL Flora Growth Expands Distribution, Will Launch Stardog Loungewear On E-Commerce Platform Zulily With Over 5 Million Active Customers

 

–(BUSINESS WIRE)–
Flora Growth Corp. requests that their press release NewsItemId: 20210909005405 “Flora Growth Expands Distribution, Will Launch Stardog Loungewear On E-Commerce Platform Zulily With Over 5 Million Active Customers” be killed.

The release was issued prematurely by Flora Growth Corp.

A replacement release will be issued at a later date.

Business Wire, Toronto

416-593-0208

KEYWORDS: United States North America Canada Florida

INDUSTRY KEYWORDS: Textiles Specialty Manufacturing Food/Beverage Alternative Medicine Fashion Health Cosmetics Retail Online Retail

MEDIA:

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Diversegy Prepares to Launch Energy Broker Sales Platform

New Platform Empowers Sales Agents, Teams, and Energy Brokers to Develop, Evaluate and Quote Low-Cost Energy Supply Options for Commercial Customers

PR Newswire

NEWARK, N.J., Sept. 9, 2021 /PRNewswire/ — Diversegy, a growing commercial energy brokerage and advisory service and division of Genie Energy Ltd. (NYSE: GNE; GNEPRA), today announced that it is preparing to launch a full-service energy sales platform to support the business goals of its sales partners as they work to provide low-cost energy to their commercial customers.

“Diversegy’s new platform will leverage our substantial expertise and supplier relationships across energy markets to provide partners and agents with access to best-in-class commodity supply information, analytics and transactional support,” stated Michael Stein, Genie Energy’s CEO.

Diversegy’s platform will provide sales partners and agents with prices from over sixty national and regional power and natural gas energy suppliers. Furthermore, as a licensed broker of electricity and natural gas in deregulated markets across the country, Diversegy will enable sales partners to price and sell energy in deregulated states nationwide through the new sales platform.

“Our platform technology allows partners to price matrix deals in real time, develop custom price quotes through our pricing desk, view commissions and customer usage and get paid promptly,” stated Tzvi Zupnik, Executive Vice President of Diversegy.  “Our team’s deep knowledge of deregulated energy markets enables our partners to access decades of deep energy markets experience,” continued Zupnik.

Diversegy plans to launch its energy broker sales platform on Tuesday, October 5, 2021 when it will host a webinar to unveil the platform’s powerful features and functionalities.  For more information, contact Diversegy at [email protected], call 201-374-9641, or visit diversegy.com/launch

About Diversegy

Diversegy, LLC., is a leading retail energy brokerage and advisory services. Serving thousands of customers across deregulated U.S. markets, Diversegy acts as both a direct client advisor and a broker exchange platform. With over 60 energy supplier relationships, Diversegy is positioned to help agents identify and tailor opportunities to meet the energy supply needs of their commercial customers. Diversegy is a wholly-owned subsidiary of publicly traded Genie Energy (NYSE: GNE; GNEPRA).

About Genie Energy Ltd.:

Genie Energy Ltd., (NYSE: GNE, GNEPRA) is a global energy solutions company.  We supply homes and small businesses in the US and Europe with electricity including electricity generated from renewable resources and with natural gas. Through Genie Solar Energy and Prism Solar, we design, construct and install commercial solar energy solutions.  We provide commercial and industrial clients with energy brokerage and consultative services through our Diversegy brand.  For more information, visit https://genie.com/.

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SOURCE Genie Energy Ltd.

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Brigham Minerals, Inc. Announces Participation in Barclays CEO Energy-Power Conference

Brigham Minerals, Inc. Announces Participation in Barclays CEO Energy-Power Conference

AUSTIN, Texas–(BUSINESS WIRE)–Brigham Minerals, Inc. (NYSE: MNRL) (“Brigham Minerals,” “Brigham,” or the “Company”) announced plans to participate in the Barclays CEO Energy-Power Conference. The Company is presenting on September 10th at 8:05 am ET.

ABOUT BRIGHAM MINERALS, INC.

Brigham Minerals is an Austin, Texas based company that acquires and actively manages a portfolio of mineral and royalty interests in the core of some of the most active, highly economic, liquids-rich resource basins across the continental United States. Brigham Minerals’ assets are located in the Permian Basin in Texas and New Mexico, the SCOOP and STACK plays in the Anadarko Basin of Oklahoma, the DJ Basin in Colorado and Wyoming, and the Williston Basin in North Dakota. The Company’s primary business objective is to maximize risk-adjusted total return to its shareholders by both capturing organic growth in its existing assets as well as leveraging its highly experienced technical evaluation team to continue acquiring minerals.

At the Company:

Brigham Minerals, Inc.

Blake C. Williams

Chief Financial Officer

(512) 220-1500

[email protected]

KEYWORDS: United States North America Texas

INDUSTRY KEYWORDS: Professional Services Natural Resources Mining/Minerals Finance

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1847 Goedeker Issues Statement Regarding Director Candidate Nominations From Kanen Wealth Management

1847 Goedeker Issues Statement Regarding Director Candidate Nominations From Kanen Wealth Management

ST. CHARLES, Mo.–(BUSINESS WIRE)–
1847 Goedeker Inc. (NYSE American:GOED) (“Goedeker” or the “Company”), one of the largest specialty ecommerce players in the U.S. household appliances market, today announced that it has received a notice from Kanen Wealth Management LLC (together with its affiliates, “Kanen”) regarding its intent to nominate a majority slate of five individuals for election to the Company’s eight-member Board of Directors (the “Board”) at the Annual Meeting of Stockholders (the “Annual Meeting”) scheduled to be held on November 10, 2021. The Board will review Kanen’s notice and its nominees’ qualifications prior to making recommendations related to the election of directors in the Company’s 2021 proxy statement, which will be filed with the U.S. Securities and Exchange Commission. Stockholders are not required to take any action at this time.

Albert Fouerti, Goedeker’s Chief Executive Officer, commented:

“We have the right leadership and strategy in place to pursue growth and long-term value for stockholders. Prior to becoming Chief Executive Officer and committing to increase my already sizable stockholdings, I carefully considered the Board’s current composition and its focus on continuing to add highly-qualified, independent directors such as Alan P. Shor. I am confident in our path forward now that we have completed the acquisition of Appliances Connection, initiated a management transition and released a six-point, ecommerce-focused plan. This is why it is disturbing that Kanen has chosen to initiate what appears to be a costly, distracting and unnecessary public campaign to obtain control of the Board. We are still in the initial phases of accelerating growth, and my goal is to avoid unwarranted disruptions and focus on value creation.”

Since Goedeker completed the transformative acquisition of Appliances Connection earlier this year, the Board has proactively taken a number of decisive steps to lay a foundation for long-term stockholder value. These steps include:

  • Appointing Mr. Fouerti, a major stockholder, director and the co-founder of Appliances Connection, to the Chief Executive Officer position. Mr. Fouerti is a proven ecommerce leader with a track record of growing and scaling specialty retailers. He has been actively involved in the Company’s pre-existing efforts to refresh the Board and add top talent to the management team.
  • Appointing Ellery W. Roberts, a meaningful stockholder and capital markets veteran, to the Executive Chairman position.
  • Appointing Maria Johnson, a corporate finance veteran with two decades of experience at companies such as Cheetah Digital, Inc. and PepsiCo, Inc. (NASDAQ: PEP), to the Chief Financial Officer position.
  • Establishing a Strategic Planning Committee that includes Messrs. Fouerti, Roberts and Shor, who recently joined the Board following the announcement of the Appliances Connection acquisition. The Strategic Planning Committee is focused on supporting the management team as it works to continue integrating the businesses and pursuing accelerated growth.
  • Issuing a six-point, ecommerce-focused strategy for attaining scale and market leadership in the home appliances segment, including by investing in fulfillment network expansion and best-in-class technology that supports life-long customer loyalty.
  • Committing to filling former Chief Executive Officer Doug Moore’s Board seat with a highly-qualified, independent individual and evaluating other opportunities to add diverse, experienced directors with governance, fulfillment and ecommerce experience.
  • Initiating a rebranding process that will integrate Appliances Connection and Goedeker into one holistic, unified brand.

Goedeker’s aligned leadership, which owns more than 9% of the Company’s common stock, actively engages with a large cross-section of stockholders.1 The Board and management have held multiple conversations and maintained several exchanges with Kanen in recent months. Our Nominating and Corporate Governance Committee has also been having ongoing conversations with a director candidate put forth by Kanen to assess whether he would add value to the Board. This is why we are troubled by Kanen, a 5.5% stockholder, choosing to commence a public campaign to seek control of the Board just days after privately conveying an interest in working together in an amicable manner. We question why Kanen would take this aggressive step after the Board installed a new Chief Executive Officer who is aligned, experienced and implementing a well-articulated growth strategy.

The Board will closely review Kanen’s materials and work to maintain a constructive dialogue with the firm’s principals. However, we would be remiss not to note that our preliminary assessment revealed that a majority of Kanen’s slate is interconnected and appears to lack relevant skills for an appliance-focused ecommerce business. We believe stockholders should be extremely leery of any investor’s attempt to facilitate a change in control of the Board without nominating a world-class slate or offering stockholders any superior value proposition.

Bevilacqua PLLC and Vinson & Elkins LLP are acting as legal counsel to Goedeker.

About Goedeker

Goedeker is an industry leading e-commerce destination for appliances, furniture, and home goods. Through its June 2021 acquisition of Appliances Connection, Goedeker created one of the largest pure-play online retailers of household appliances in the United States. With warehouse fulfillment centers in the Northeast and Midwest, as well as showrooms in Brooklyn, New York, and St. Louis, Missouri, Goedeker offers one-stop shopping for national and global brands. We carry many household name-brands, including Bosch, Cafe, Frigidaire Pro, Whirlpool, LG, and Samsung, and also carry many major luxury appliance brands such as Miele, Thermador, La Cornue, Dacor, Ilve, Jenn-Air and Viking among others. We also sell furniture, fitness equipment, plumbing fixtures, televisions, outdoor appliances, and patio furniture, as well as commercial appliances for builder and business clients. Learn more at www.Goedekers.com.

Important Additional Information

The Company, its directors and certain of its executive officers will be deemed to be participants in the solicitation of proxies from the Company’s stockholders in connection with the Annual Meeting. Information regarding the names of the Company’s directors and executive officers and their respective interests in the Company by security holdings or otherwise is set forth in the Company’s Form 1 Registration Statement, as amended (collectively, the “S-1”), initially filed with the U.S. Securities and Exchange Commission (the “SEC”) on May 3, 2021, and amended on each of May 13, 2021, May 24, 2021 and May 25, 2021. To the extent holdings of the Company’s securities have changed since the amounts set forth in the Company’s S-1, such changes have been reflected on Initial Statements of Beneficial Ownership on Form 3 or Statements of Change in Ownership on Form 4 or Annual Statement of Changes in Beneficial Ownership of Securities on Form 5 filed with the SEC. These documents are available free of charge at the SEC’s website at www.sec.gov. Information can also be found in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 on file with the SEC. The Company intends to file a definitive proxy statement and a BLUE proxy card with the SEC in connection with any such solicitation of proxies from the Company’s stockholders. STOCKHOLDERS OF THE COMPANY ARE STRONGLY ENCOURAGED TO READ SUCH PROXY STATEMENT, ACCOMPANYING BLUE PROXY CARD AND ALL OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE, AS THEY WILL CONTAIN IMPORTANT INFORMATION. The Company’s definitive proxy statement for the Annual Meeting will contain information regarding the direct and indirect interest, by securities holding or otherwise, of the Company’s directors and executive officers in the Company’s securities. If the holdings of the Company’s securities change from the amounts provided in the Company’s definitive proxy statement, then such changes will be set forth in SEC filings on Form 3, 4, and 5. Updated information regarding the identity of potential participants, and their direct or indirect interests, by security holdings or otherwise, will be set forth in the definitive proxy statement and other materials to be filed with the SEC in connection with the Annual Meeting. Stockholders will be able to obtain the definitive proxy statement, any amendments or supplements to the proxy statement and other documents filed by the Company with the SEC at no charge on the SEC’s website at www.sec.gov. Copies will also be available at no charge on the Company’s website at www.goedekers.com.

_________________

1 Stockholdings reflect ownership of the Company’s directors and executives.

For Stockholders:

Goedeker Investor Relations

[email protected]

or

Morrow Sodali

Mike Verrechia, 800-662-5200

[email protected]

For Media:

MKA

Greg Marose / Charlotte Kiaie, 646-386-0091

[email protected]

KEYWORDS: United States North America Missouri

INDUSTRY KEYWORDS: Home Goods Online Retail Interior Design Retail Construction & Property

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Allegheny Technologies Announces Pricing of Senior Notes Offering

PR Newswire

PITTSBURGH, Sept. 9, 2021 /PRNewswire/ — Allegheny Technologies Incorporated (NYSE:ATI) announced today that it has priced its public offering of senior notes.  ATI has agreed to sell $325.0 million aggregate principal amount of 4.875% Senior Notes due 2029 (the “2029 Notes”) and $350.0 million aggregate principal amount of 5.125% Senior Notes due 2031 (the “2031 Notes” and together with the 2029 Notes, the “Notes”).  The 2029 Notes will pay interest semi-annually in arrears at a rate of 4.875% per year and will mature on October 1, 2029, unless earlier redeemed or repurchased.  The 2031 Notes will pay interest semi-annually in arrears at a rate of 5.125% per year and will mature on October 1, 2031, unless earlier redeemed or repurchased.

ATI intends to use a portion of the net proceeds to fund the redemption of all of ATI’s outstanding 5.875% Senior Notes due 2023 (the “2023 Notes”), of which $500.0 million aggregate principal amount is outstanding, in accordance with the terms of the indenture governing the 2023 Notes.  Any remaining net proceeds will be used for general corporate purposes, including to support a voluntary $50 million defined benefit pension plan contribution during the third quarter of 2021 intended to improve the funded status of the plan.

BofA Securities, Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Wells Fargo Securities, LLC and Goldman Sachs & Co. LLC are acting as the joint book-running managers for the offering. 

The offering of the Notes is being made pursuant to an effective shelf registration statement. The offering will be made only by means of a prospectus supplement and the accompanying prospectus. Copies of the preliminary prospectus supplement and the accompanying prospectus may be obtained from BofA Securities, Inc., 200 North College Street, 3rd Floor, Charlotte, North Carolina 28255-0001, Attn: Prospectus Department, telephone: 1-800-294-1322, email: [email protected] or from the SEC website at www.sec.gov.

This news release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of the Notes in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.  This press release is not a notice of redemption with respect to the 2023 Notes.

This news release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Certain statements in this news release relate to future events and expectations and, as such, constitute forward-looking statements. Forward-looking statements, which may contain such words as “anticipates,” “believes,” “estimates,” “expects,” “would,” “should,” “will,” “will likely result,” “forecast,” “outlook,” “projects,” and similar expressions, are based on management’s current expectations and include known and unknown risks, uncertainties and other factors, many of which we are unable to predict or control. Our performance or achievements may differ materially from those expressed or implied in any forward-looking statements due to the following factors, among others: (a) material adverse changes in economic or industry conditions generally, including global supply and demand conditions and prices for our specialty metals and changes in international trade duties and other aspects of international trade policy; (b) material adverse changes in the markets we serve; (c) our inability to achieve the level of cost savings, productivity improvements, synergies, growth or other benefits anticipated by management from strategic investments and the integration of acquired businesses; (d) volatility in the price and availability of the raw materials that are critical to the manufacture of our products; (e) declines in the value of our defined benefit pension plan assets or unfavorable changes in laws or regulations that govern pension plan funding; (f) labor disputes or work stoppages; (g) equipment outages and (h) the risks of business and economic disruption related to the currently ongoing COVID-19 pandemic and other health epidemics or outbreaks that may arise and (i) other risk factors summarized in our Annual Report on Form 10-K for the year ended December 31, 2020, and in other reports filed with the Securities and Exchange Commission. We assume no duty to update our forward-looking statements.


Solving the World’s Challenges through Materials Science

ATI (NYSE: ATI) is a $3 billion global manufacturer solving the world’s most difficult challenges through materials science; advanced, integrated process technologies; and relentlessly innovative people. We serve customers whose demanding applications need to fly higher, dig deeper, stand stronger, and last longer— anywhere on, above, or below the earth. We partner to create new specialty materials in forms that deliver ultimate performance and long-term value in applications like jet engine forgings and 3D-printed aerospace components. We produce powders for forging and additive manufacturing; rolled materials, and finished components. Our specialty materials withstand extremes of temperature, stress and corrosion to improve and protect human lives every day.

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SOURCE Allegheny Technologies

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McAfee Corp. Announces Pricing of Public Offering of Common Stock

McAfee Corp. Announces Pricing of Public Offering of Common Stock

SAN JOSE, Calif.–(BUSINESS WIRE)–
McAfee Corp. (“McAfee”) (NASDAQ: MCFE) today announced the pricing of its underwritten public offering of 20,000,000 shares of its Class A common stock to the public, with all shares being offered by certain selling stockholders (the “Selling Stockholders”) at a public offering price of $22.50 per share.

The offering is expected to close on September 14, 2021, subject to the satisfaction of customary closing conditions.

The underwriters have a 30-day option to purchase up to an additional 3,000,000 shares from the Selling Stockholders at the public offering price, less underwriting discounts and commissions. McAfee will not receive any proceeds from any sale of shares being sold by the Selling Stockholders.

Morgan Stanley and Goldman Sachs & Co. LLC are acting as lead book-running managers and representatives of the underwriters for the offering. TPG Capital BD, LLC is also acting as lead book-running manager. BofA Securities, Citigroup, Deutsche Bank Securities, HSBC, Mizuho Securities, RBC Capital Markets, UBS Investment Bank and Barclays Capital Inc. are acting as joint bookrunners. Piper Sandler, Stifel, Academy Securities, Blaylock Van, LLC, C.L. King & Associates, Ramirez & Co., Inc., and Siebert Williams Shank are acting as co-managers for the offering.

A registration statement on Form S-1 relating to these securities was declared effective by the Securities and Exchange Commission on September 9, 2021.

This offering is being made only by means of a prospectus. Copies of the final prospectus relating to the offering may be obtained, when available, from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014 or Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282 or by telephone: 1-866-471-2526.

This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About McAfee

McAfee is a global leader in online protection.

Investor Relations:

Eduardo Fleites

[email protected]

Media Contact:

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Security Technology Mobile/Wireless Software Networks Internet

MEDIA:

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ROOT SPORTS, fuboTV Announce Distribution Agreement

ROOT SPORTS, fuboTV Announce Distribution Agreement

fuboTV Customers Will Receive ROOT SPORTS, Including Seattle Mariners, Seattle Kraken and Portland Trail Blazers Games

NEW YORK–(BUSINESS WIRE)–
ROOT SPORTS, the TV home of the Seattle Mariners, Seattle Kraken and Portland Trail Blazers regional game telecasts, and fuboTV (NYSE: FUBO), the leading sports-first live TV streaming platform, announced today an agreement for fuboTV to carry ROOT SPORTS ahead of the much-anticipated inaugural Seattle Kraken season and the return of the Portland Trail Blazers to ROOT SPORTS.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210909006116/en/

Through the deal, fuboTV will stream ROOT SPORTS’ extensive coverage of Northwest professional sports. ROOT SPORTS will have coverage of over 300 live regular season games of the Seattle Mariners, Seattle Kraken and Portland Trail Blazers, as well as other ancillary programming and behind-the-scenes content. The regional sports network (RSN) is available throughout the states of Washington, Oregon, Montana, Alaska and portions of Idaho. For a full coverage map visit Territory Map | ROOT SPORTS.

The addition of ROOT SPORTS strengthens fuboTV’s sports offering, which includes more than 50,000 live sporting events annually, with many streaming in 4K, and more regional sports networks in its base package than any other live TV streaming platform. The agreement also increases fuboTV’s local coverage in the Northwest, where it already carries ABC, CBS, FOX and NBC affiliates in Seattle and Portland alongside national sports networks ESPN, FS1, CBS Sports Network, the Pac-12 Networks and many more. In addition to sports, fuboTV also streams popular live entertainment and news programming and features more than 40,000 TV shows and movies on-demand each month.

“We could not be more excited to announce this deal with fuboTV,” said Nina Kinch, Vice President of Affiliate Relations for AT&T Sports Networks, managing partner of ROOT SPORTS. “We know that fans are eagerly anticipating the inaugural season of the Seattle Kraken and the return of the Portland Trail Blazers to ROOT SPORTS and the announcement of this new deal will give fans even more ways to get access to ROOT SPORTS and guarantee they have access to all Seattle Kraken, Portland Trail Blazers and Seattle Mariners games.”

“fuboTV is focused on bringing consumers their favorite hometown teams, alongside national and international sports coverage, and today’s partnership with ROOT SPORTS strengthens our offering in the Northwest,” said Ben Grad, Senior Vice President of Content Strategy and Acquisition for fuboTV. “We mirror fans’ excitement for the Seattle Kraken’s debut season, and we’re thrilled to bring fans in the Northwest streaming coverage of the Kraken alongside the Mariners and Trail Blazers. The addition of ROOT SPORTS means consumers can catch every game available for local telecast with fuboTV at an affordable price.”

About ROOT SPORTS

ROOT SPORTS™ is the television home of the Seattle Mariners, Seattle Kraken, Portland Trail Blazers, Seattle Seahawks, Portland Timbers, Seattle Seawolves, Gonzaga Bulldogs, and Big Sky Conference. The network delivers more than 500 live events each year across a five-state footprint. ROOT SPORTS is operated by AT&T Sports Networks, which operates regional sports networks in the Northwest, Pittsburgh, Rocky Mountain and Southwest regions. The four networks combined reach across 22 states and own exclusive rights to produce and distribute live events from more than 25 teams and conferences.

About fuboTV

With a mission to provide the world’s most thrilling sports-first live TV experience through the greatest breadth of premium content, interactivity and integrated wagering, fuboTV Inc. (NYSE: FUBO) is focused on bringing to life its vision of a streaming platform that transcends the industry’s current virtual MVPD model. fuboTV Inc. operates in the U.S., Canada and Spain. Leveraging its proprietary data and technology platform optimized for live TV and sports viewership, fuboTV Inc. aims to turn passive viewers into active participants and define a new category of interactive sports and entertainment television. Through its cable TV replacement product, fuboTV, subscribers can stream a broad mix of 100+ live TV channels, including 74 of the top 100 Nielsen-ranked networks across sports, news and entertainment — more than any other live TV streaming platform (source: Nielsen Total Viewers, 2020). Subscribers can interact with fuboTV’s live streaming experience through predictive free-to-play games, which are integrated into select sports content.

Fubo Gaming Inc., a subsidiary of fuboTV Inc., expects to launch Fubo Sportsbook, a comprehensive sports entertainment experience through sports betting, in Q4 2021, subject to obtaining requisite regulatory approvals.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements of fuboTV Inc. (“fuboTV”) that involve substantial risks and uncertainties. All statements contained in this press release that do not relate to matters of historical fact are forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995, including statements regarding our market opportunity, business strategy and plans, the continued shift in consumer behavior and the expected launch of free to play games, FanView and Fubo Sportsbook]. The words “could,” “will,” “plan,” “intend,” “anticipate,” “approximate,” “expect,” “potential,” or the negative of these terms or other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that fuboTV makes due to a number of important factors, including but not limited to risks related to our pursuit and engagement in acquisitions; our actual operating results may differ significantly from our guidance; risks related to the Company’s access to capital and fundraising prospects to fund its ongoing operations and support its planned growth; the restrictions imposed by content providers on our distribution and marketing of our products and services; our reliance on third party platforms to operate certain aspects of our business; risks related to our technology, as well as cybersecurity and data privacy-related risks; our ability to achieve or maintain profitability; our revenue and gross profit are subject to seasonality; our operating results may fluctuate; our ability to attract and retain subscribers; we may not be able to license streaming content or other rights on acceptable terms; risks related to our ability to capitalize develop and market a sports wagering offering and the regulatory regime and related risks associated with such offering; risks related to the difficulty in measuring key metrics related to our business; risks related to the highly competitive nature of our industry; risks related to ongoing or future legal proceedings; and other risks, including the effects of industry, market, economic, political or regulatory conditions, future exchange and interest rates, and changes in tax and other laws, regulations, rates and policies, including the impact of COVID-19 on the broader market. Further risks that could cause actual results to differ materially from those matters expressed in or implied by such forward-looking statements are discussed in our Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2021 filed with the Securities and Exchange Commission (“SEC”) on August 11, 2021 and our other periodic filings with the SEC. We encourage you to read such risks in detail. The forward-looking statements in this press release represent fuboTV’s views as of the date of this press release. fuboTV anticipates that subsequent events and developments will cause its views to change. However, while it may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. You should, therefore, not rely on these forward-looking statements as representing fuboTV’s views as of any date subsequent to the date of this press release.

Media:

Leslie Cox, ROOT SPORTS

[email protected]

Jennifer L. Press, fuboTV

[email protected]

Bianca Illion, fuboTV

[email protected]

Investors:

Alison Sternberg, fuboTV

[email protected]

The Blueshirt Group for fuboTV

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Hockey Basketball Entertainment Baseball Sports TV and Radio General Sports

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Fortress Transportation and Infrastructure Investors LLC Prices Its Public Offering of Common Shares

NEW YORK, Sept. 09, 2021 (GLOBE NEWSWIRE) — Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) (the “Company”) announced today that it has priced its previously announced registered underwritten public offering of 12,000,000 of its common shares, representing limited liability company interests (the “Common Shares”), at a public offering price of $25.50 per share for gross proceeds of approximately $306 million. The offering is expected to close on September 14, 2021, subject to customary closing conditions. In connection with the offering, the underwriters have been granted a 30-day option to purchase up to 1,800,000 additional Common Shares.

The Company intends to use the net proceeds from this offering to repay a portion of the amounts outstanding under the senior unsecured bridge term loans that were obtained to finance and pay certain fees and expenses related to the Company’s purchase on July 28, 2021 of 100% of the equity interests in Transtar, LLC, which was a wholly-owned short-line railroad subsidiary of United States Steel Corporation.

Barclays, Morgan Stanley and Citigroup are acting as joint book-running managers for the proposed offering.

The offering is being made pursuant to the Company’s effective shelf registration statement on Form S-3 filed with the Securities and Exchange Commission (“SEC”). The offering will be made only by means of a prospectus and a related prospectus supplement. Prospective investors should read the prospectus supplement and the prospectus in that registration statement and other documents the Company has filed or will file with the SEC for more complete information about the Company and the offering. You may obtain these documents for free by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, copies of the prospectus and prospectus supplement may be obtained from Barclays, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (Telephone: 800-603-5847; Email: [email protected]); Morgan Stanley, 180 Varick Street, 2nd Floor, New York, NY 10014, Attention: Prospectus Department; or Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (Telephone: 800-831-9146).

This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About Fortress Transportation and Infrastructure Investors LLC

Fortress Transportation and Infrastructure Investors LLC owns and acquires high quality infrastructure and equipment that is essential for the transportation of goods and people globally. FTAI targets assets that, on a combined basis, generate strong and stable cash flows with the potential for earnings growth and asset appreciation. FTAI is externally managed by an affiliate of Fortress Investment Group LLC, a leading, diversified global investment firm.

Cautionary Language Regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including but not limited to the Company’s anticipated use of the net proceeds from the offering. Forward-looking statements are not statements of historical fact but instead are based on our present beliefs and assumptions and on information currently available to the Company. You can identify these forward-looking statements by the use of forward-looking words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates,” “target,” “projects,” “contemplates” or the negative version of those words or other comparable words. Any forward-looking statements contained in this press release are based upon our historical performance and on our current plans, estimates and expectations in light of information currently available to us. The inclusion of this forward-looking information should not be regarded as a representation by us, that the future plans, estimates or expectations contemplated by us will be achieved. Such forward-looking statements are subject to various risks and uncertainties and assumptions relating to our operations, financial results, financial condition, business, prospects, growth strategy and liquidity. Accordingly, there are or will be important factors that could cause our actual results to differ materially from those indicated in these statements, including, but not limited to, the risk factors set forth in Item 1A. “Risk Factors” of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020 and Quarterly Reports on Form 10-Q for the fiscal quarters ended March 31, 2021 and June 30, 2021, as updated by annual, quarterly and other reports the Company files with the SEC.

For further information, please contact:

Alan Andreini
Investor Relations
Fortress Transportation and Infrastructure Investors LLC
(212) 798-6128
[email protected]



Posted on

TaskUs Appoints Kelly Tuminelli To Board of Directors

NEW BRAUNFELS, Texas, Sept. 09, 2021 (GLOBE NEWSWIRE) — TaskUs, a leading provider of outsourced digital services and next-generation customer experience to innovative and disruptive technology companies, today announced the appointment of Kelly Tuminelli, Executive Vice President and Chief Financial Officer of TriNet, to its Board of Directors and Audit Committee.

As the current CFO of TriNet (NYSE: TNET), a professional employer organization that provides small and medium-sized businesses with full-service HR solutions tailored by industry, Ms. Tuminelli brings more than 25 years of financial leadership in multiple industries. Her broad-based experience includes six years in public accounting and launching initial public offerings on exchanges in three different countries.

“Kelly is an experienced and passionate leader who brings a wealth of knowledge to TaskUs,” said Bryce Maddock, TaskUs CEO and Co-Founder. “The combination of her public company experience and deep understanding of providing scalable services to innovators make her the perfect addition to our Board of Directors.”

Prior to joining TriNet, Ms. Tuminelli served as the Executive Vice President and Chief Financial Officer at Genworth. Prior to her fifteen year tenure at Genworth, she held leadership roles at GE Capital and PricewaterhouseCoopers. She is a Certified Public Accountant and a Chartered Global Management Accountant and has served on several non-profit boards including AMP! Metro Richmond, a Richmond-based middle school mentoring program, and she was Chair of the American Heart Association’s Richmond-area Go Red for Women campaign.

“TaskUs works with some of the most innovative technology companies in the world, and I am excited to join its Board of Directors,” said Kelly Tuminelli. “I look forward to working with the TaskUs management team and other directors as TaskUs continues to make an impact on its industry in the coming years.”

Since its inception, TaskUs has grown exponentially, from five employees in a one-room office in Manila to over 31,500 employees across more than 20 sites in eight different countries.

To learn more about TaskUs, visit https://www.taskus.com or the following social media accounts:

About TaskUs

TaskUs is a provider of outsourced digital services and next-generation customer experience to innovative and disruptive technology companies, helping its clients represent, protect and grow their brands. Leveraging a cloud-based infrastructure, TaskUs serves clients in the fastest-growing sectors, including social media, e-commerce, gaming, streaming media, food delivery and ridesharing, HiTech, FinTech and HealthTech. As of June 30, 2021, TaskUs had approximately 31,500 employees across twenty locations in the United States, the Philippines, India, Mexico, Taiwan, Greece, Ireland and Colombia.


Media Contact:

David de Castro

TaskUs
[email protected]

Rohj Mariano

TaskUs
[email protected]



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77th United States Secretary of the Treasury Steven Mnuchin Added to TriNet PeopleForce Roster of Esteemed Speakers

Member of Former President Trump’s Cabinet, Investment Banker and Entrepreneur to Speak at 2nd Annual Award-Winning Conference Focused on Business Transformation, Agility and Innovation for Small and Medium-Size Businesses

PR Newswire

DUBLIN, Calif., Sept. 9, 2021 /PRNewswire/ — TriNet, a leading provider of comprehensive human resources for small and medium-size businesses (SMBs), today announced the addition of the 77th U.S. Secretary of the Treasury, Steven Mnuchin, to its roster of thought leaders and influencers at the 2nd annual, award-winning, TriNet PeopleForce 2021. The four-day conference will be held in-person from The Times Center in New York City (built by renowned architect Renzo Piano) and virtually from anywhere. The event kicks off on September 13 with an impressive roster of distinguished speakers sharing timely and insightful content vital to business success and the future of work.

Mnuchin was sworn in as the 77th Secretary of the Treasury on February 13, 2017. Prior to his confirmation, he also served as Founder, Chairman, and Chief Executive Officer of Dune Capital Management. He also founded OneWest Bank Group LLC and served as its Chairman and Chief Executive Officer until its sale to CIT Group Inc. Earlier in his career, he worked as Partner and Chief Information Officer at The Goldman Sachs Group, Inc.

Mnuchin’s fireside discussion will focus on:

  • The state of the U.S. economy
  • Optimizing capital as a small or medium-size business

“We are fortunate to have Former Secretary of the Treasury, Steven Mnuchin. He brings an insider’s perspective to discussions around the economy and policies affecting the future for America’s small and medium-size businesses,” said TriNet Senior Vice President, Chief Marketing Officer and Chief Communications Officer Michael Mendenhall. “His immense expertise and foresight on this very crucial topic will be a huge benefit for business leaders trying to strategically plan their company’s growth.”  

Mnuchin is committed to philanthropic activities and the arts, and previously served on the boards of the Museum of Contemporary Art Los Angeles, the Whitney Museum of Art, the Hirshhorn Museum and Sculpture Garden, the UCLA Health System, the New York Presbyterian Hospital and the Los Angeles Police Foundation. He holds a bachelor’s degree from Yale University.

Occurring September 13-16, TriNet PeopleForce is a one-of-a-kind event taking place both virtually and in-person from New York City. The conference brings together business, culture and the arts with a roster of high-profile leaders to help SMBs reimagine, rebuild and move forward as they come out of the COVID-19 pandemic. Attendees will hear from renowned speakers and experts on topics such as SMB agility, calculated risk-taking, the future of work, business resiliency, DEI, healthcare, the state of the economy for SMBs and much more. TriNet PeopleForce also fosters networking opportunities for its participants with business leaders from across the country.

To register for the virtual conference, click here.  

Those wishing to attend the live SMB event in New York City can request a ticket by emailing [email protected].

About TriNet
TriNet (NYSE: TNET) provides small and medium-size businesses (SMBs) with full-service HR solutions tailored by industry. To free SMBs from HR complexities, TriNet offers access to human capital expertise, benefits, risk mitigation and compliance, payroll and real-time technology. From Main Street to Wall Street, TriNet empowers SMBs to focus on what matters most-growing their business. TriNet, incredible starts here. For more information, visit TriNet.com or follow us on Twitter.


Investors:


Media:

Alex Bauer

Renee Brotherton

TriNet

TriNet



[email protected]


[email protected]

(510) 875-7201

(925) 965-8441

 

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SOURCE TriNet Group, Inc.